Moneycontrol PRO
HomeNewsBusinessEarningsKalyan Jewellers net profit rises 21% to Rs 218 crore, revenue jumps 40%

Kalyan Jewellers net profit rises 21% to Rs 218 crore, revenue jumps 40%

The company’s revenue from operations grew nearly 40 percent on-year to Rs 7,287 crore. It had reported revenue from operations at Rs 5,223 crore in Q3 of previous year.

January 30, 2025 / 18:08 IST
Kalyan Jewellers
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Kalyan Jewellers on January 30 reported a net profit of Rs 218 crore in the December quarter of the current financial year. This marks an increase of 21 percent from the Rs 181 crore net profit reported in the corresponding quarter of the previous financial year.

    The company announced its results for Q3 FY25 in an exchange filing on January 30. The company’s revenue from operations grew nearly 40 percent on-year to Rs 7,287 crore. It had reported revenue from operations at Rs 5,223 crore in Q3 of previous year.

    Kalyan Jewellers noted that its EBITDA rose to Rs 377 crore in Q3 FY25, up 19 percent from Rs 316 crore in Q3 FY24. The jewellery company further said that it added 24 new showrooms across India during the quarter. Its total number showrooms at the end of the December stood at 253.

    Also read: Shree Cement net profit tumbles 72% to Rs 193 crore; Dabur net profit rises 2%

    Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, "We are extremely excited with the way the current year has progressed. The current quarter has started off well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note. We are on track for the launch of 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter."

    Along with the Q3 results, the company also announced that Anish Kumar Saraf's appointment as an Additional Non-Executive Director for a term of three years has been approved by its board. It has also approved the reappointment of Vinod Rai as Chairman & Non-Executive Independent Director, along with few other reappointments.

    The Q3 results were announced in the post market hours of January 30. The stock will be kept under watch when market reopens on January 31. During the day, the stock closed 2 percent lower at Rs 440.30 apiece.

    Moneycontrol News
    first published: Jan 30, 2025 05:51 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347